The thriller investor who made Rs 1,300 cr from Rs 13 cr in Ruchi Soya

The thriller investor who made Rs 1,300 cr from Rs 13 cr in Ruchi Soya

Indore-based mostly entirely mostly Ruchi Soya, which turned into once obtained by Ramdev’s Patanjali Ayurved in a economic break sale, witn­e­s­s­ed a stellar rally in its stock except recently

Themes

Ruchi Soya | Patanjali Ayurved | Market rally

Interior a month of Ruchi Soya Industries being relisted on the bourses on January 27, a Delhi-based mostly entirely mostly company — then fair six months extinct — had obtained a 5.94 per cent stake in the FMCG agency for Rs 13 crore after getting an unsecured loan from a 0-profits, loss-making consultancy linked to an auto parts producer.

5 months later, that funding is value 100 times extra at Rs 1,314 crore. Indore-based mostly entirely mostly Ruchi Soya, which turned into once obtained by Ramdev’s Patanjali Ayurved in a economic break sale, witn­e­s­s­ed a stellar rally in its stock except recently. …

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First Printed: Fri, July 24 2020. 06: 08 IST

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